We've seen a similar triangle formation on a several other coins - Digibyte and Siacoin for example, which have both already broken out.
Price has touched the .236 fib retracement level and held steady. Stochastic has crossed up from oversold and MACD has also crossed up signalling a trend reversal is underway.
Price has touched the .236 fib retracement level and held steady. Stochastic has crossed up from oversold and MACD has also crossed up signalling a trend reversal is underway.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.